Common use of Duration and Termination of Agreement Clause in Contracts

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 11 contracts

Sources: Investment Advisory Agreement (Value Line Us Government Securities Fund Inc), Investment Advisory Agreement (Value Line Convertible Fund Inc), Investment Advisory Agreement (Value Line Asset Allocation Fund Inc)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each to year thereafter only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 9 contracts

Sources: Investment Advisory Agreement (Value Line Strategic Asset Management Trust), Investment Advisory Agreement (Value Line Special Situations Fund Inc), Investment Advisory Agreement (Value Line Cash Fund Inc)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will shall continue in effect for an initial a period of more than two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each its execution only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 7 contracts

Sources: Investment Advisory Agreement (Value Line Value Fund, Inc.), Investment Advisory Agreement (Concorde Funds Inc), Investment Advisory Agreement (Value Line Smaller Companies Fund, Inc.)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 3 contracts

Sources: Investment Advisory Agreement (Stralem Fund Inc), Investment Advisory Agreement (Stralem Fund Inc), Investment Advisory Agreement (Stralem Fund Inc)

Duration and Termination of Agreement. This Agreement shall become effective on as of the date set forth above hereof and will continue shall remain in effect force for an initial a period of two years from the date hereof. Thereafter three (3) years, provided however, that both parties to this Agreement shall continue in effect for successive periods have the option to terminate the Agreement, without penalty, upon ninety (90) days prior written notice. Upon termination of one year each only so long as such continuance is specifically approved at least annually this Agreement in accordance with the Investment Company Act foregoing, ADS shall deliver to the Fund (at the expense of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically the Fund) all records and other documents made or accumulated in the event performance of its assignment as defined in duties for the Investment Company Act of 1940Fund hereunder.

Appears in 1 contract

Sources: Shareholder Servicing Agent Agreement (Wall Street Fund Inc)

Duration and Termination of Agreement. 7.1 This Agreement shall become effective on the date set forth above remain in full force and will continue effect until August 1, 2000 and from year-to-year thereafter unless terminated by either party as provided in effect for an initial period of two years from the date Section 7.2 hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. . 7.2 This Agreement may be terminated by the Fund on sixty 60 days written notice notice, and by either party. This Agreement shall terminate automatically in DWTFSB on 90 days written notice, to the event other party without payment of its assignment as defined in the Investment Company Act of 1940any penalty.

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (Morgan Stanley Dean Witter Equity Fund)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on On sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined denned in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Larger Companies Fund, Inc.)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one two years and then from year each to year thereafter only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.the

Appears in 1 contract

Sources: Investment Advisory Agreement (Stralem Fund)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial a period of two years and from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each to year thereafter only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Aggressive Income Trust)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such each continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Tax Exempt Fund Inc)

Duration and Termination of Agreement. This Agreement agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each to year thereafter only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Fund Inc)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each only so long as such continuance is specifically approved at least annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate terminal automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Centurion Fund Inc)

Duration and Termination of Agreement. This Agreement shall become effective on the date set forth above and will continue in effect for an initial period of two years from the date hereof. Thereafter this Agreement shall continue in effect for successive periods of one year each to year thereafter only so long as such continuance is specifically approved at least lease annually in accordance with the Investment Company Act of 1940. This Agreement may be terminated on sixty days written notice by either party. This Agreement shall terminate automatically in the event of its assignment as defined in the Investment Company Act of 1940.

Appears in 1 contract

Sources: Investment Advisory Agreement (Value Line Income Fund Inc)